Carrier to double Chinese investment
AWARE of predictions that the Chinese hvac market is
to double by 2010, US air conditioning manufacturer
Carrier has announced an investment of $50m in r&d in
China over the next five years.
This will include a new r&d centre in Pudong,
scheduled to be fully operational by 2008, and bringCarrier's investments in China to approximately $175m.
Carrier's Chinese interests currently include 13 operations and nearly 40 sales and service offices. Sales total nearly $500m from a workforce of more than 2,000.